Video summary

Gold Range Calculation Strategy | Pin Point Entry Secret (Part 2)

Main summary

Key takeaways

Finance

Instruments / Markets Mentioned

  • Gold (traded on intraday charts; managed with an implied FX-style “pips” risk framework)

Core Concept: “Range” + Level-Based Trading (No Trading Everywhere)

The strategy calculates a daily intraday range and then trades only when price reaches pending levels on one side.

Key rule:

  • If there is no pending level on the side you want to trade, you should not enter (avoid mid-range / “in-between” entries that tend to cause losses).

Direction logic:

  • Direction is determined by candle-close behavior relative to the 25% level.
  • Trades are planned toward the 50% / 75% / 100% targets.

Methodology / Step-by-Step Framework

  1. Choose a single timeframe for practice

    • Use either 3-minute OR 5-minute charts.
    • Practice on only one at first—switching between both reduces learning effectiveness.
  2. Use Indian time

    • Apply a session break at UTC 5:30 (Kolkata).
    • Focus specifically on the 3:30 candle, especially its opening.
  3. Calculate the “range” from previous day high/low momentum

    • Use previous day low and previous day high to form the momentum.
    • The computed momentum is divided by 4.68.
    • Range outcomes mentioned: approximately 19.01 to 19.16 (either is acceptable).
  4. Place levels from the opening of the 3:30 candle

    • Divide the range into percentage steps:
      • 25%, 50%, 75%, 100%
  5. Determine direction using candle closes vs the 25% level

    • If the candle closes above the 25% level → plan for upside toward the 50% level.
    • If the candle closes below relevant levels later in the sequence → plan for downside similarly (with body-based validation as described).
  6. Pending level completion rule

    • Don’t enter until the market has completed the pending level on the intended side.
    • If price moves away before reaching the level, wait.
  7. Pinpoint entry trigger: use candle BODY vs WICK (stage-dependent)

    • When the market leaves a pending level (the level has already been cleared):
      • Entries should be taken from the candle body (not the wick).
    • When the market completes the range (range completion confirmed):
      • Entries may be taken from the wick.
    • The video repeatedly emphasizes that the correct choice depends on whether the market is leaving a pending level or has completed the range.
  8. Stop-loss and targeting

    • Stop loss: repeatedly stated as 15–20 pips (often specifically 20 pips).
    • Targets: “target this level” refers to the next pending percentage step (often including 50%, 75%, 100%, depending on which side is active).
  9. Risk/reward and trade management

    • Mentions booking partial profit after repeated 100% “offers.”
      • Example rule suggestion: book 50% quantity and hold the rest.
    • Notes that in the shown scenario, overall payoff ratio can exceed 110 (exact calculation not formally defined).

Key Numbers and Thresholds Explicitly Mentioned

  • Range divisor: 4.68
  • Range result: approximately 19.01 (also 19.16 as an alternative/acceptable value)
  • Candle time reference: 3:30 (focus on the opening)
  • Percentage levels: 25%, 50%, 75%, 100%
  • Stop-loss: 15–20 pips, multiple times specifically 20 pips
  • Risk/reward reference: exceeded 110
  • Example framing: with SL ~20 pips, the market may show ~100 pips on the other move (described repeatedly)

Explicit Recommendations / Cautions

  • Do not trade “everywhere” in the direction.
    • Only trade when a pending level exists and has been completed.
  • Avoid mid-range entries when no validated pending level exists on that side.
  • Pick one timeframe (3m or 5m) to practice initially, not both.
  • Use candle BODY vs WICK correctly—the video highlights this is a common source of incorrect entries.

Disclosures / Disclaimers

  • No explicit “not financial advice” disclaimer appears in the provided subtitles.

Presenters / Sources Mentioned

  • Sisodia Trades (channel/host branding)
  • Presenter referenced as “Sir” / “Sisodia Trades” (no full legal name clearly stated in the subtitles)

Original video